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    Lucian Freud's Eli 2002 made a world record price for a print by the artist at auction when it sold for £145,250. Picture courtesy of Christie's Images Ltd., 2012. (Click to enlarge).

    There was a world record price for a print by Lucian Freud at Christie’s today.  The top lot at the sale of The Printer’s Proof: Etchings by Lucian Freud from the Studio Prints archive was Eli 2002.  It made  £145,250 against a pre-sale estimate of £50,000-70,000.  Overall the sale realised £1,479,675 and was 86% sold by lot and 91% sold by value.

    Afterwards Richard Lloyd of Christie’s said: “This morning’s highly successful sale was a tribute to Lucian Freud who was not only a painter of immense talent, but also an inspired printmaker. It was likewise a tribute to Marc Balakjian, the master printer who worked with Freud for the last twenty five years and from whose collection the sale came. The auction broke all previous records for Freud’s graphic work, and saw participation from many buyers new to this market. Single-artist sales are a concept in which Christie’s leads the field and we look forward to our second such sale, Hockney on Paper, at South Kensington on Friday 17 February.”

    See post on for January 3, 2012.

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